MAHWAH, N.J., July 20, 2016 /PRNewswire/ -- Stryker Performance Solutions (SPS), the business unit of Stryker's Reconstructive Division that partners with hospitals and healthcare providers to help improve quality outcomes, patient satisfaction and profitability in the orthopaedic segment, has expanded its digital offering to help healthcare providers reduce costs and increase patient satisfaction 90 days beyond patient discharge after joint replacement surgery. The new tool -- Episode Performance Manager™ (EPM) -- translates raw claims data provided by the Centers for Medicare and Medicaid Services (CMS) into dynamic reports that allow decision makers to understand cost-drivers, identify opportunities for improvement and compare performance of hospitals participating in Medicare's Comprehensive Care for Joint Replacement (CJR) model.
"Success in the evolving alternative payment landscape hinges on the ability to not only understand Medicare claims data, but also to derive value from that data, by using it to inform and implement improvement strategies for the joint episode of care," says Stuart Simpson, Vice President and General Manager of Stryker's Reconstructive Division. "Now that providers are held accountable for the cost of care throughout the entire episode, analytics must also provide increased visibility into post-discharge patterns and effectiveness."
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